LAGRANGE, Ga., Nov. 04, 2025 (GLOBE NEWSWIRE) — Phoenix Lender Services (“Phoenix”), a subsidiary of Community Bankshares Inc. (“CBI”), announced today that it facilitated more than $325 million in SBA and USDA loan closings during its first full fiscal year in operation — marking one of the most successful inaugural performances in the history of […]
Category Archives: SBA 7a
Commercial, Phoenix, SBA, SBA 7a
Community Bank & Trust Announces Closing of Second-Ever SBA 7(a) Multi-Lender Securitization
LAGRANGE, Ga., Oct. 07, 2025 (GLOBE NEWSWIRE) — Community Bank & Trust – West Georgia (CB&T), a subsidiary of Community Bankshares Inc recently announced the successful closing of the SOUP 7(a) Trust 2025-FBC1, a $118.9 million securitization backed by the unguaranteed portions of U.S. Small Business Administration (SBA) 7(a) loans. This marks the second-ever securitization […]
What’s New in SBA SOP 50 10 8 (Effective June 1, 2025) The Small Business Administration’s updated Standard Operating Procedure (SOP 50 10 8) introduces significant changes to how it will manage 7(a) and 504 loans. Here’s what to watch for, straight from SBA guidance and procedural notices: 1. Equity Injection & Seller Note Restrictions […]
Typically, when we think about business acquisitions, we envision the big merger-and-acquisition (M&A) deals publicized in national media outlets or the corporate raiders depicted in movies like Wall Street. Today, however, business acquisitions have become a meaningful growth strategy for small businesses all across the United States. They aren’t just for the big leagues. The reality […]